Research On International Capital Operation Of China's Oil Companies

With the development of world economy, oil and natural gas as an important strategicresource, its growing importance. Since the 90s of the 20th century, the major foreignmultinationa l oil companies through mergers, acquisitions and asset restructuring and othermea ns of capital operation has greatly increased its overa ll size and operation of thecompany's ability to improve globa l competitiveness, expand market share. At the same time,China's growing oil supply and dema nd contradiction, the rising dependence on foreign oil,our oil companies operating strategy for the implementation of internationa l capital, is theprotection of nationa l oil security and even nationa l economic security, the inevitable choice.This article begins with an overview of the background, purpose and mea ning, methodand content. Second, the theory of capital operation discussed. Secondly, current situation inour country's oil capital, operation and analysis, elaborated on China's oil capital operation andDevelopment, analyzed to enhance the operation of China's oil companies the need forinternationa l capital. Again practice and operation of foreign oil capital sum, sum up the caseof foreign oil companies from operating experience and capital to the Chinese oil companiesin China. China's oil companies to further explore the internationa l capital operation modeselection, from the entry model, capital alloca tion and investment structure for analysis. Againimprove the operation of our oil companies to internationa l capital measures and suggestions.Finally, the conclusions summa rize the follow-up study of innovation and the content.